Unilever warning shows global economy still fragile
A sales warning from one of the world's biggest consumer goods companies is undermining hopes for a significantly stronger global economy in 2020.
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A sales warning from one of the world's biggest consumer goods companies is undermining hopes for a significantly stronger global economy in 2020.
Along a short hallway on the upper floor of Decatur Presbyterian Church in Atlanta, a blue banner stretches across the wall, packed with scrawled messages of thanks and words swelling with appreciation.
Ray Dalio doesn't want to use the word "recession" when talking about the global economy. But he does believe it is headed for what he dubbed the "Great Sag."
A federal jury found humanitarian aid worker Scott Warren not guilty of
Europe's largest economy narrowly avoided a recession in the third quarter, expanding by 0.1% over the previous three-month period.
For six days a week, the three women worked as domestic workers in homes across Singapore. But in their spare time, they promoted ISIS online, donated money to militants overseas, and became so radicalized that at least one was ready to die as a suicide bomber in Syria, according to Singapore's Ministry of Home Affairs.
Israel's diplomatic missions around the world closed on Wednesday as Foreign Ministry workers went on strike over a dispute about paying taxes on overseas stipends.
The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there's one thing standing in the way of history repeating itself this time: the strong US dollar.
Next year's recovery in the global economy will be slightly weaker than expected, and US growth will continue to slow, the International Monetary Fund said Tuesday.
Former Housing and Urban Development secretary Julián Castro on Wednesday unveiled a labor plan aimed at promoting union membership and supporting and protecting domestic workers and farmworkers.
The world economy is slowing, and it could be headed toward a recession.
In the latest display of deepening cracks in the West's formerly unified economic campaign against Russia, France's Foreign Minister Jean-Yves Le Drian told reporters Monday that "the time is right" for reconciliation in EU-Moscow relations.
The Dow and the broader stock market closed sharply lower on Tuesday. Investor sentiment soured after US and Chinese tariffs went into effect over the weekend, and economic data pointed at further weakness in manufacturing.
Thailand's Supreme Court has upheld the death sentence for two Burmese migrant workers convicted of murdering two British backpackers on a Thai resort island in 2014.
As the global economy shudders, the Middle East boils and the Amazon rainforest burns, world leaders are convening on France's Atlantic coast for a weekend of talks few believe can solve any of it.
The Dow recovered somewhat Thursday from an 800-point loss a day earlier, the worst of 2019. But investors are unsure of what will happen next in the markets. Conflicting signals are giving people whiplash.
Political turmoil is making it harder for global companies to do business in Hong Kong.
The global economy is still sluggish — and an improvement in 2020 is not a sure bet.
One of President Donald Trump's picks for a seat on the Federal Reserve board once praised undocumented immigrants to the United States as "economic heroes" and "entrepreneurs" -- a position at odds with much of the President's rhetoric on immigration.
Federal prosecutors in Tucson, Arizona, said in court Tuesday that they were dropping a charge of conspiracy to transport "illegal aliens" against humanitarian aid worker Scott Warren, but will seek to retry him on two charges of "harboring illegal aliens."
Hoping to pack up your life and work abroad?
Before highways, planes, trains and automobiles made crossing the United States a breeze, the completion of the transcontinental railroad in May 1869 was a defining moment in the country's history -- and immigrant labor made it possible.
The forces that pushed oil sharply lower at the end of 2018 aren't going away.
FedEx expects global trade disputes and an economic slowdown could severely hurt its business next year.